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S&P 500 Oversold StocksArchive - 3/15/2024 - Sign In to see current Signals. |
General Dynamics (GD) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the General Dynamics (GD). During the week, the GD gained 2.90 points, or 1.06%, and closed at 275.21 on Friday, March 15, 2024. Weekly volume was -31% below average. GD is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See GD long-term trend chart] A long-term uptrend had started on March 23, 2020 at 100.55 and reached 277.43 on March 5, 2024. GD gained -176.88 points, or -175.91%, in 206 weeks. Price is near the trend high. Medium-term trend: [See GD medium-term trend chart] A medium-term uptrend had started on May 30, 2023 at 202.35 and reached 277.43 on March 5, 2024. GD gained -75.08 points, or -37.10%, in 40 weeks. Price is near the trend high. Weekly Technical Indicators: [See GD weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. Weekly Relative Strength Index and MACD have bearish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since July 7, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See GD short-term trend chart] A short-term uptrend had started on March 11, 2024 at 270.43 and reached 276.93 on March 15, 2024. GD gained -6.50 points, or -2.40%, in 4 days. The price is now at the 26.46% retracement level. Daily Technical Indicators: [See GD daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since February 28, 2024. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price touches the upper Bollinger Band. The distance between the Bollinger Bands (2.46%) is close to one year low (2.34%). It is 62.75% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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